Russia's LNG projects make progress despite sanctions
Russia's largest producer of liquefied natural gas (LNG), Novatek, has completed the first line of its "Arctic LNG 2" project despite US and EU sanctions. The first LNG deliveries are scheduled to be shipped in the first quarter of 2024. PROFILE Arctic LNG 2 will have three production strings that can produce a total of 19.8 million tonnes per year. Each line will therefore have a capacity of 6.6 million tonnes. The other two production lines are expected to go into operation by 2026. Special feature: each production line will not be firmly founded in the permafrost, as is usually the case, but will be floating on gravity-based structures (GBS) in the Gulf of Ob....
Read More
Latest comments